frequently asked questions

You need to have a valid South African ID number, be at least 18 years of age, earn a minimum monthly salary of R5500, have an existing valid bank account, a valid email address and a RICA’d mobile number. You will need to submit 3 months most recent bank statements or payslips.

Yes, approval of your application is subject to mobicred’s credit risk & affordability criteria, and in accordance with the National Credit Act responsible lending principles. If, for whatever reason, your application is declined, mobicred will inform you as to the main reasons for being declined.